Trebia Acquisition Corp. [TREB] is -7.97% lower this YTD. Is it still time to buy?

Trebia Acquisition Corp. [NYSE: TREB] surged by $0.08 during the normal trading session on Tuesday and reaching a high of $9.955 during the day while it closed the day at $9.93. The company report on June 30, 2021 that SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Trebia Acquisition Corp. (NYSE – TREB).

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Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Trebia Acquisition Corp. (“Trebia” or the “Company”) (NYSE:TREB) for possible breaches of fiduciary duty and other violations of federal and state law in connection with a merger agreement pursuant to which Trebia, a special purpose acquisition company, will combine withSystem1, a Leading Omnichannel Customer Acquisition Platform, and result in System1 becoming a publicly-listed company.

The investigation concerns whether the Trebia Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of ownership interest in the combined company.

Trebia Acquisition Corp. stock has also gained 1.02% of its value over the past 7 days. However, TREB stock has declined by -0.20% in the 3 months of the year. Over the past six months meanwhile, it has lost -9.32% and lost -7.97% year-on date.

The market cap for TREB stock reached $644.26 million, with 64.77 million shares outstanding and 51.75 million shares in the current float. Compared to the average trading volume of 229.25K shares, TREB reached a trading volume of 8174072 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Trebia Acquisition Corp. [TREB]:

The Average True Range (ATR) for Trebia Acquisition Corp. is set at 0.06 The Price to Book ratio for the last quarter was 1.48, with the Price to Cash per share for the same quarter was set at 0.01.

TREB stock trade performance evaluation

Trebia Acquisition Corp. [TREB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.02. With this latest performance, TREB shares gained by 1.33% in over the last four-week period, additionally sinking by -9.32% over the last 6 months.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TREB stock in for the last two-week period is set at 57.61, with the RSI for the last a single of trading hit 64.31, and the three-weeks RSI is set at 52.51 for Trebia Acquisition Corp. [TREB]. The present Moving Average for the last 50 days of trading for this stock 9.89, while it was recorded at 9.87 for the last single week of trading, and 10.25 for the last 200 days.

Trebia Acquisition Corp. [TREB]: An insightful look at the core fundamentals

Trebia Acquisition Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 1.70.

Trebia Acquisition Corp. [TREB]: Insider Ownership positions

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49 institutional holders increased their position in Trebia Acquisition Corp. [NYSE:TREB] by around 11,305,776 shares. Additionally, 32 investors decreased positions by around 4,625,139 shares, while 16 investors held positions by with 27,234,368 shares. The mentioned changes placed institutional holdings at 43,165,283 shares, according to the latest SEC report filing. TREB stock had 28 new institutional investments in for a total of 8,441,866 shares, while 7 institutional investors sold positions of 362,875 shares during the same period.

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